$7,480 Closing Credit*
$629,900
2,050 SqFt
3 Beds
•2 Full Baths, 1 Partial
Daniel Dick, Listing Office: Five Star Real Estate (Ada)
Is Plainfield Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Plainfield Charter Township has remained a Seller's Market.
Key Takeaway
Plainfield Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Plainfield Charter Township, MI
How much do homes in Plainfield Charter Township, MI cost?
Median Sold Price
$390,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+6.8%)
Key Takeaway
Homes in Plainfield Charter Township have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Plainfield Charter Township was $390,000 in November 2024, up 6.8% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $227.4K | $154K | -32.3% |
| 2 Bedrooms | $265K | $254.9K | -3.8% |
| 3 Bedrooms | $338.2K | $345K | +2.0% |
| 4 Bedrooms | $400K | $412K | +3.0% |
| 5+ Bedrooms | $485K | $608K | +25.4% |
Summary: Plainfield Charter Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.3%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 25.4%.
Median Sold Price Compared To Nearby Cities
| Belmont | $415K | $480.9K | +15.9% |
| Alpine Township | $272.5K | $300K | +10.1% |
| Comstock Park | $291K | $318.4K | +9.4% |
| Plainfield Charter Township | $365K | $390K | +6.8% |
| Rockford | $425K | $435.5K | +2.5% |
Housing Supply in Plainfield Charter Township, MI
How many homes are available in Plainfield Charter Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 106 | 97 | -8.5% |
Summary: The Plainfield Charter Township real estate market had 97 homes for sale in November 2024, a 8.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 16 | +33.3% |
| 3 Bedrooms | 41 | 32 | -22.0% |
| 4 Bedrooms | 48 | 48 | 0.0% |
| 5+ Bedrooms | 5 | 1 | -80.0% |
Summary: The Plainfield Charter Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 22%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 80%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 19 | -26.9% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Plainfield Charter Township, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Plainfield Charter Township in November 2024, down by 26.9% month-over-month. Of the 19 sold homes, 63% were sold under asking, 32% were sold at asking, and 5% were sold over asking.
Days on Market for Plainfield Charter Township, MI
How long does it take to sell a home in Plainfield Charter Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 31 Days | +66.9% |
Summary: Homes in Plainfield Charter Township had an average of 31 days on market in Nov 2024, up by 66.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Plainfield Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 19 homes were sold in Plainfield Charter Township; 68% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Northern Michigan MLS (NM-MLS). The listings displayed come from various NM-MLS. member offices who have chosen to participate in NM-MLSX IDX, the detailed information The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing about said listings includes the listing office information. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or NM-MLS, or this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2024 NM-MLS. All rights reserved